DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
SEC-registered adviser
H•••••• C•••••• M••••••••• L••
Latest filing Mar 27, 2026
First filing on the tape Mar 30, 2012 · 40 filings
SEC status approved since Sep 3, 1980
RAUM
$6.1B
reported, Item 5.F
Discretionary
85%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
280
184 advisory (5.B.1)
Offices
9
beyond the principal office
Private funds
5
reported on Schedule D
History
40 filings and snapshots on the tape
RAUM$6.1B as of Mar 27, 2026
Mar 30, 2012$605M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Apr 1, 20130 then
Employees (5.A)280 as of Mar 27, 2026
Apr 1, 2013180 then
Private funds5 as of Mar 27, 2026
Mar 31, 20151 then
RAUM -27% over the last fiscal year-8.6% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $468MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 85%derivedof RAUM
- Institutional
- 19%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived10 offices incl. principal (1.F.5)
- RAUM growth, one year
- -27%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, fixed fees, performance-based, otherreportedItem 5.E
- Advisory activities
- portfolio management for businesses and institutions, portfolio management for pooled vehicles, otherreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- has custody of client securities (9.A.1.b)
- an independent public accountant performs a surprise examination (9.C.1)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$4.9B80%
- Sovereign wealth funds$622M10%
- State and municipal entities$542M8.9%
- Corporations and businesses$34.8M0.6%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- 2reported
- Charitable clients
- n/areported
- Accounts
- 13reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, performancereported
- Class basis
- private_client_share=0.0 fund_share=0.8 institutional_share=0.19 related_bd=true related_bank=true bd_reps=14.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
6 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| H•••••• C••• R••• E••••• D••• I••••• T••••• L••• | Hedge Fund | $3.9B | 45 | Mar 29, 2018 |
| H•••••• G••••• R••• E••••• P••••••• I•• L• | Hedge Fund | $713M | 11 | Mar 31, 2022 |
| H•••••• R••• E••••• D••• P••••••• I•• L••• | Hedge Fund | $625M | 7 | Mar 31, 2021 |
| R•• A•••• I• L• | Real Estate Fund | $37.2M | 2 | Mar 31, 2023 |
| H•••••• R••• E••••• D••• P••••••• I••• L••• | Hedge Fund | $0 | 7 | Mar 27, 2024 |
| H•••••• R••• E••••• D••• P•••••••• L•••no longer reported | Real Estate Fund | $0 | 5 | Mar 31, 2015 |
Owners and control persons
Schedule A and B, latest filing
- B••••• G•••••• C••• · Executive Vice Presidentcontrolsince 08/2004 · owns less than 5%
- B•••• J•••••••• L•• · Executive Vice Presidentcontrolsince 03/2017 · owns less than 5%
- B••••• D•••• · Executive Vice Presidentcontrolsince 09/2022 · owns less than 5%
- C•••••••• R•••••• · Managing Directorcontrolsince 03/2022 · owns less than 5%
- C••••••••• L•••••••• J••••• · Manager, Chief Financial Officer, Treasurer & Assistant Secretarycontrolsince 03/2014 · owns less than 5%
- C••••••• J•••• A•••••• · Executive Vice Presidentcontrolsince 01/1999 · owns less than 5%
- F••••••• D•••••• P••••• · Managing Directorcontrolsince 01/1999 · owns less than 5%
- F•••••••• A•••••• · Executive Vice Presidentcontrolsince 03/2017 · owns less than 5%
- I•••••• L••••• S••••• · Executive Vice Presidentcontrolsince 01/1999 · owns less than 5%
- K••••••••• A••••• · Executive Vice Presidentcontrolsince 09/2022 · owns less than 5%
- K••••• B•••••• P••• · Executive Vice Presidentcontrolsince 01/2002 · owns less than 5%
- K••••• T•••••• P•••••• · Executive Vice Presidentcontrolsince 03/2022 · owns less than 5%
- L•••••••• G••••••• S••••• · Executive Vice Presidentcontrolsince 04/2007 · owns less than 5%
- L••••••• J•••••••• L••• · Executive Vice Presidentcontrolsince 12/2020 · owns less than 5%
- L•••••• M•••• K•••••••• · Senior Managing Directorcontrolsince 12/1994 · owns less than 5%
- M•••• D••••• R•••••• · Executive Vice Presidentcontrolsince 01/2014 · owns less than 5%
- M•••••••• T•••••• D•••••• · Manager, Senior Managing Director, And Secretarycontrolsince 12/1994 · owns less than 5%
- P•••••••• B•••• · Managing Directorcontrolsince 03/2017 · owns less than 5%
- P•••••• T•••••• · Managing Directorcontrolsince 09/2019 · owns less than 5%
- S••••••• A•••••• · Chief Legal Officer & Chief Compliance Officercontrolsince 04/2017 · owns less than 5%
- T••••••••• M••••• R••••• · Manager, And Presidentcontrolsince 07/1997 · owns less than 5%
- T•••••• M•••••• · Executive Vice President, Co-Portfolio Managercontrolsince 02/2023 · owns less than 5%
Entity owners
- H•••••• L•• · Sole Member Of H•••••• C•••••• M••••••••• L••direct · owns 75% or more
- K• I• L•• · Member Of H•••••• L••indirect · owns 75% or more of H•••••• L••
Related persons
Schedule D 7.A
- H••• I• L••bankpooled vehicle sponsorn
- H•••••• A•••••• R••• E••••• T••••• L••bankpooled vehicle sponsory
- H•••••• C••• R••• E••••• D••• I••••• T••••• L••bankpooled vehicle sponsory
- H•••••• E••••• V•••• P••••••• F••• G•pooled vehicle sponsorn
- H•••••• E••••••• R••••••••• I••••••••• G•pooled vehicle sponsorn
- H•••••• G••••• R••• E••••• P••••••• G•• L••bankpooled vehicle sponsory
- H•••••• I••••••••• H• L••••••investment adviserpooled vehicle sponsornRAUM $432M
- H•••••• I••••••••• L••investment adviserpooled vehicle sponsornRAUM $352M
- H•••••• I••••••••• R••• E••••• S••••••••• P•• L••••••broker-dealerinvestment advisern
- H•••••• I••••••••• R••• E••••• S••••••••• U• L••••••broker-dealern
- H•••••• L••• S•••••• P••••••• C••••••••• G•• L••pooled vehicle sponsory
- H•••••• R••• E••••• D••• P••••••• I• L••bankpooled vehicle sponsory
- H•••••• R••• E••••• D••• P••••••• I••• L••bankpooled vehicle sponsory
- H•••••• R••• E••••• S••••••••• L••investment advisernRAUM $1.8B
- H•••••• S••••••••• L••broker-dealern
- H•••••• U• L••••••broker-dealern
- H•••••• V•••• P••••••• I••• L••pooled vehicle sponsory
- H•••••• V•••• P••••••• I•• L••pooled vehicle sponsory
- H•••••• V•••• P••••••• V• L••pooled vehicle sponsory
- H••• I• M••••••••• C•••••• S•••pooled vehicle sponsorn
- R•• A•••• I• G•• L••pooled vehicle sponsory
Advisers that list H•••••• C•••••• M••••••••• L•• as a related person
Offices
Schedule D 1.F, the 25 largest
- London, United Kingdom14 employees
- Central, Hong Kong11 employees
- Santa Monica, CA6 employees
- Chiyoda-Ku Tokyo, Japan5 employees
- New York, NY5 employees
- Jung-Gu, Seoul, Korea, South1 employees
- Melbourne, Australia1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- RAUM down 25 %Change between filings · filing Mar 27, 2026RAUM (Item 5.F) moved from $8,394,583,035 to $6,086,474,489 (-27.0%) between the annual amendments of 2025-03-27 and 2026-03-27; the peer median change was +13.0% (631 comparable advisers, 3.0th percentile of changes)peers: asset managers, $5B to $20B (631) · 3.0% percentile
What changed
consecutive filings, newest first
- Accounts · 12 to 13Jan 21, 2026 to Mar 27, 2026
- Advisory employees · 186 to 184Jan 21, 2026 to Mar 27, 2026
- BD registered reps · 13 to 14Jan 21, 2026 to Mar 27, 2026
- Corporate clients · unset to 3.0Jan 21, 2026 to Mar 27, 2026
- Pension plan clients · unset to 2.0Jan 21, 2026 to Mar 27, 2026
- Assets in custody · $1.4B to $1.4BJan 21, 2026 to Mar 27, 2026
- Employees · 284 to 280Jan 21, 2026 to Mar 27, 2026
- Discretionary RAUM · $6.5B to $5.2BJan 21, 2026 to Mar 27, 2026
- Non-discretionary RAUM · $1.9B to $914MJan 21, 2026 to Mar 27, 2026
- Pooled vehicle RAUM · $6.2B to $4.9BJan 21, 2026 to Mar 27, 2026
- RAUM · $8.4B to $6.1BJan 21, 2026 to Mar 27, 2026
- Accounts · 8 to 12Jan 28, 2025 to Mar 27, 2025
- Advisory employees · 191 to 186Jan 28, 2025 to Mar 27, 2025
- BD registered reps · 14 to 13Jan 28, 2025 to Mar 27, 2025
- Pooled vehicle clients · 5 to 10Jan 28, 2025 to Mar 27, 2025
- Assets in custody · $842M to $1.4BJan 28, 2025 to Mar 27, 2025
- Employees · 294 to 284Jan 28, 2025 to Mar 27, 2025
- Financial planning clients · unset to Jan 28, 2025 to Mar 27, 2025
- Other offices · 8 to 9Jan 28, 2025 to Mar 27, 2025
- Discretionary RAUM · $6.9B to $6.5BJan 28, 2025 to Mar 27, 2025
- Non-discretionary RAUM · $1.7B to $1.9BJan 28, 2025 to Mar 27, 2025
- Pooled vehicle RAUM · $6.7B to $6.2BJan 28, 2025 to Mar 27, 2025
- RAUM · $8.6B to $8.4BJan 28, 2025 to Mar 27, 2025
- Accounts · 6 to 8Apr 24, 2023 to Mar 27, 2024
- Advisory employees · 185 to 191Apr 24, 2023 to Mar 27, 2024
- BD registered reps · 16 to 14Apr 24, 2023 to Mar 27, 2024
- Pooled vehicle clients · 3 to 5Apr 24, 2023 to Mar 27, 2024
- Assets in custody · $749M to $842MApr 24, 2023 to Mar 27, 2024
- Employees · 280 to 294Apr 24, 2023 to Mar 27, 2024
- Other offices · 2 to 8Apr 24, 2023 to Mar 27, 2024
- Private funds · 4 to 5Apr 24, 2023 to Mar 27, 2024
- Discretionary RAUM · $6.7B to $6.9BApr 24, 2023 to Mar 27, 2024
- Non-discretionary RAUM · $1.2B to $1.7BApr 24, 2023 to Mar 27, 2024
- Pooled vehicle RAUM · $6.5B to $6.7BApr 24, 2023 to Mar 27, 2024
- RAUM · $8.0B to $8.6BApr 24, 2023 to Mar 27, 2024
- Accounts · 7 to 6May 19, 2022 to Mar 31, 2023
- Advisory employees · 162 to 185May 19, 2022 to Mar 31, 2023
- BD registered reps · 18 to 16May 19, 2022 to Mar 31, 2023
- Assets in custody · $905M to $749MMay 19, 2022 to Mar 31, 2023
- Employees · 263 to 280May 19, 2022 to Mar 31, 2023
Signals
18 dated events
- H•••••• C•••••• M••••••••• L•• reported RAUM $6.1B, down 27% from $8.4B (2026-01-21 to 2026-03-27)Mar 27, 2026 · RAUM change · derived
- H•••••• C•••••• M••••••••• L•• reported 8 offices beyond its principal office, up from 2 (2023-04-24 to 2024-03-27)Mar 27, 2024 · Office count change · derived
- M•••••• T••••• (Executive Vice President, Co-Portfolio Manager) appeared on Schedule A of H•••••• C•••••• M••••••••• L••Mar 27, 2024 · Control person joined · fact
- D•••• B•••• (Executive Vice President) appeared on Schedule A of H•••••• C•••••• M••••••••• L••Mar 31, 2023 · Control person joined · fact
- A••••• K••••••••• (Executive Vice President) appeared on Schedule A of H•••••• C•••••• M••••••••• L••Mar 31, 2023 · Control person joined · fact
- R•••••• C••••••• (Managing Director) appeared on Schedule A of H•••••• C•••••• M••••••••• L••Mar 31, 2022 · Control person joined · fact
- Patrick Thomas Kelly (Executive Vice President) appeared on Schedule A of H•••••• C•••••• M••••••••• L••Mar 31, 2022 · Control person joined · fact
- Lynn Jonathan Lindell (Executive Vice President) appeared on Schedule A of H•••••• C•••••• M••••••••• L••Mar 31, 2022 · Control person joined · fact
- Ruth Erin Spears (Executive Vice President) no longer on Schedule A of H•••••• C•••••• M••••••••• L•• (listed 2021-10-11, absent 2022-03-31)Mar 31, 2022 · Control person left · inference
- H•••••• C•••••• M••••••••• L•• reported RAUM $5.0B, up 44% from $3.5B (2019-07-16 to 2020-03-30)Mar 30, 2020 · RAUM change · derived
- Timothy Podboy (Managing Director) appeared on Schedule A of H•••••• C•••••• M••••••••• L••Mar 30, 2020 · Control person joined · fact
- H•••••• C•••••• M••••••••• L•• reported RAUM $3.5B, up 51% from $2.3B (2019-01-25 to 2019-03-29)Mar 29, 2019 · RAUM change · derived
- Ruth Erin Spears (Executive Vice President) appeared on Schedule A of H•••••• C•••••• M••••••••• L••Mar 29, 2019 · Control person joined · fact
- Paul James Gruver (Managing Director) no longer on Schedule A of H•••••• C•••••• M••••••••• L•• (listed 2019-01-25, absent 2019-03-29)Mar 29, 2019 · Control person left · inference
- Joseph Jerome Claeys (Chairman, Na And Debt Investment Committee Member) no longer on Schedule A of H•••••• C•••••• M••••••••• L•• (listed 2018-08-21, absent 2019-01-25)Jan 25, 2019 · Control person left · inference
- Jay Howard Edelman (Executive Vice President) no longer on Schedule A of H•••••• C•••••• M••••••••• L•• (listed 2018-08-21, absent 2019-01-25)Jan 25, 2019 · Control person left · inference
- R••••••son James Proud (Executive Vice President) no longer on Schedule A of H•••••• C•••••• M••••••••• L•• (listed 2018-08-21, absent 2019-01-25)Jan 25, 2019 · Control person left · inference
- H•••••• C•••••• M••••••••• L•• reported RAUM $2.3B, up 212% from $743.3M (2018-02-15 to 2018-03-29)Mar 29, 2018 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/heitmanreportedpublic record, Form ADV, Sep 18, 2026
- Website
- H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- (312) 855-5700reportedpublic record, Form ADV, Mar 27, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026
Across the graphs
H•••••• C•••••• M••••••••• L•• is the same institution as 1 record in Real Estate Funds.
Real Estate Funds1
Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.
Checking your plan…